Naugatuck CT Real Estate Statistics for December 2021

Naugatuck CT Real Estate Statistics for December 2021

Naugatuck CT is a town of app 32,000 in New Haven County. It spans the Naugatuck river and its roots go back as a farming community. As the farms began to turn into residential communities, manufacturing took over and the rubber industry was primary with the evolution of the GoodYear Metallic Rubber Shoe Company into US Rubber, which evolved into Uniroyal.  With the decline of manufacturing, the town is primarily a residential community with easy access to New Haven and Bridgeport.

Currently in Naugatuck CT there are 26 active residential listings for sale, with 3 new listings being added in December. The homes for sale in Naugatuck CT range from a 520 square ft, 3-bedroom mobile home, listed at $24,900 to a 2,460 square ft, 4-bedroom ranch listed at $589,900. 

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The average list price of the homes currently available for sale in Naugatuck CT is $269,628 and the average days on market for these homes are 143 days. In addition, there are currently 13 homes under pending status and 28 under hard deposit in Naugatuck CT.

In December of 2021, 40 homes closed in Naugatuck CT. They ranged from a 560 square ft, 2-bedroom mobile home, which sold for $39,000 to a 2,485 square ft, 3-bedroom ranch which sold for $425,000. The average price for the homes that closed in December in Naugatuck CT was $241,355 with average days on market of 51 days.  The closed properties had a Sales price to List price ratio of 100%.

By comparison, there were 47 closings in Naugatuck CT for the month of December 2020, with an average sales price of $230,085 and avg. days on market of 46.  This indicates that for December of 2021, there were 7 less homes sold than in December of 2020, and at an average price of 4% greater in value with almost longer days on market. This shows a tempering of the market for Naugatuck CT.

For the year 2020, the market sales or absorption rate was 37 sales per month, with an average sales value of $213,890 and an average of 66 days on market.

With this rate and the current inventory, there would be a slightly less than a 1-month absorption rate, which is a strong seller's market. The Naugatuck CT real estate market is showing a consistency in values.

The graph demonstrates the average monthly sales value in Naugatuck CT for a 12-month span with strong fluctuations from month to month. The values in Naugatuck CT appear to be trending higher.

For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale.

If you would like information on homes for sale in Naugatuck CT please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discuss homes on the market in Naugatuck CT.

What’s My Naugatuck CT Home Worth in December 2021